Tax Burden in ZIP Code 50701
Waterloo, IA — Black Hawk County
At the median income of $42,000, the estimated total tax burden in ZIP 50701 is $9,546 (22.7% effective rate), including federal income tax, FICA, and property tax.
Federal Tax (est.)
$4,200
FICA
$3,213
Property Tax
$2,133
Total Tax Burden
$9,546
22.7% effective
Tax Details for ZIP 50701
ZIP code 50701 is located in Black Hawk County, IA, within the Waterloo MSA metropolitan area. The area has a cost of living index of 82 (100 = national average), making it more affordable than the national average.
The effective property tax rate is 1.58%. On the median home price of $135,000, this equals $2,133 per year ($178/month).
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